East Tech West event officially kicks off in Nansha

More than 200 top entrepreneurs from around the world gathered at the East Tech West event, which kicked off in Guangzhou’s Nansha district, Guangdong province on Nov 27.The three-day conference was sponsored by world business and financial news leader CNBC.

The conference was sponsored by CNBC. [Photo/gznsnews.com]

The conference has set up a new platform for technological exchanges and dialogues between the East and the West and a channel for communication on new modes of innovation and cooperation with the world, so as to share new opportunities for the development of the Greater Bay Area and realize win-win results, according to district's leader Cai Chaolin.

In his address, Cai promoted the friendly business and investment environment at the event with three stories.

He quoted the remark of a senior executive of Pony.ai, a start-up company that specializes in self-driving technologies that the major reason for the company to reach the peak of self-driving technology is the good environment for the AI industry created by Guangzhou and Nansha district.

He took a company that was launched in Nansha with investment from Hong Kong as a second example, explaining that the procedures of registration and issuance of business licenses were not done in Nansha but in a branch of the Industrial and Commercial Bank of China in Hong Kong, which is quite convenient for Hong Kong investors.

Lastly, he told a story about Eames Mark, an Australian who has been identified as a foreign high-end talent by the Guangdong Pilot Free Trade Zone and has received a permanent residence permit for foreigners together with his wife and son.

In the afternoon, seven "fire-side chats" were hosted to discuss hot topics including the Internet, intelligent travel, venture capital, self-driving and new energy vehicles.